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When you're handling every aspect of your business, getting your creative venture off the ground is no easy feat. If you add DIY accounting to the mix, it will ultimately sap more time and money from your business compared to outsourcing the job to an expert accountant.

If your creative business is making a good turnover, at some point you’ll need to think about registering for VAT.

The answer isn’t as straightforward as money in/money out, so it’s worth explaining the difference in how we manage this tax.

Has hiring freelancers seemed like the best option for scaling your business or do you wonder if it’d be more cost effective to employ people in-house?

Taking a strategic approach can go a long way to getting the things you want out of your creative business.

The accounting profession has recently started to undergo a major shift. The ‘traditional’ desktop hosted accounting packages, spreadsheets and paper-based record keeping are swiftly moving towards cloud based systems. Accounting looks to follow many other industries where cloud-technologies are disrupting the status quo. This evolution has been brought about by advances in technology and changes ...

So, you’ve taken the jump into self-employment. You’ve won your first client and done the work. Now how do you get paid? Quite simply, you must issue an invoice to your customer and provide with them with the means of making a payment. What an invoice must contain Firstly, the document that you produce must ...

For a lot of people, the formation of a limited company represents the first steps towards being your own boss. The formation of a company is a relatively straight-forward process. All companies require a name, shareholders, directors, a registered office and articles of association. Here we discuss the meaning of each and offer some practical ...

IR35 is an anti-avoidance tax that has been around since the turn of the century. It’s objective is to prevent individuals that would otherwise be an employee from engaging via a limited company and receiving the tax benefits associated with being in business. Since its introduction, IR35 has caused controversy with those in the supply ...